Hindsight Markets Recaps Small-cap stocks on October 6, 2026
FRGT, October 6: a run to $1.32
FRGT more than doubled at the open, ran to $0.7309, then fell below its open by the close.
What happened
Before the open
We found no news or filing before the move. Before the bell it reached $1.32, on 99M shares.
The open
It more than doubled at the open, at $0.6601. It ran to $0.7309 by 9:30 a.m.
The close
It closed at $0.322, 76% under its high.
What to take from it: The whole move was given back: it finished below the price it opened at.
The details
How it traded, step by step
Gap, run and fade. It gapped up 169.4% to $0.6601 at the open, ran from the open to the high of $0.7309 in 1 minute, then gave back 578% of that move by 4:00 p.m., trading at $0.322, below the open.
| Time (ET) | What happened |
|---|---|
| 4:00 a.m. | First trade 20% above the previous close of $0.245 |
| 4:05 a.m. | Pre-market high, $1.32 |
| 4:05 a.m. | High of the day to the close, $1.32 |
| 9:30 a.m. | The open: $0.6601, up 169.4% from the previous close |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $0.322, 75.6% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $0.245
- Open, 9:30 a.m.
- $0.6601
- Gap at the open
- +169.4%
- Pre-market high
- $1.32 at 4:05 a.m.
- High, 4 a.m. to 4 p.m.
- $1.32 at 4:05 a.m.
- Low, 4 a.m. to 4 p.m.
- $0.2997
- Close, 4 p.m.
- $0.322
- Change at 4 p.m.
- +31.4%
- After-hours high, 4 p.m. to 8 p.m.
- $0.475 at 4:03 p.m.
- Volume, 4 a.m. to 4 p.m.
- 186.97 million
- Volume after hours, 4 p.m. to 8 p.m.
- 5.29 million
- Relative volume by 8 p.m.
- 53.7×
- Float
- not available
- Shares outstanding
- not available
- Volume, from the one-minute bars: 98.88 million shares before the 9:30 a.m. open (51%), 30.30 million in the first 30 minutes (16%), and 63.08 million in the rest of the day to 8 p.m. (33%).
- Other days FRGT met the small-cap rule in our recaps: 4, the latest on October 27, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (none)
The exchange's halt feed shows no halts for FRGT that day.
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay FRGT on October 6, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.